Alizea is a retirement savings product that allows you to build up additional capital for your retirement in complete security.
Your savings are invested in a guaranteed interest rate vehicle with profit sharing. Profit sharing means that AXA uses its financial results to increase the rate of return on your savings.
By subscribing to the ACCRI Prime option, you are protecting yourself against the financial risk of disability caused by an accident or illness. In other words, AXA agrees to compensate for a potential loss of income by paying the premiums of your retirement insurance, in proportion to your degree of disability. Even in the event of disability, your retirement is still assured.
Your savings can be released from age 60, but you can choose to end your policy between 60 and 75 years.
At the time of release of the savings, you have the choice between several modes of payment:
If you die during the term of your policy, your savings are not lost. They will be paid to your predefined beneficiary.
To protect your family if you die after the end of your policy, you can take out an option allowing you to pay your pension to your spouse. Of course, this will not apply if you choose to recover your capital in one go.
Throughout the duration of the policy (minimum duration:10 years), you can deduct the amount of your retirement insurance premiums from your annual tax base in compliance with Article 111 of Luxembourg’s income tax law.
The maximum annual deductible amount is €3200 regardless of age.
To find out more about possible tax deductions, visit the tax deductions page:
Retirement savings solution 50% in guaranteed capital and 50% in investments:
The Save for Life Pension is a tax-efficient insurance product that allows you to combine traditional savings solutions with stock market investments to take advantage of the best returns on the market.
The maximum amount deductible depends on the data provided by the taxpayer and his/her family situation.
The pension system in Luxembourg is based on three pillars: